GIB lines up dollar refi trade before Fed acts again
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Emerging MarketsEM Middle East

GIB lines up dollar refi trade before Fed acts again

Middle East_230

Middle Eastern issuance is set to begin for the year with Gulf International Bank, which is looking to refinance a $500m bond due in December. The issuer is expected to be the first of many hoping to lock in funding before the next US rate hike pushes up borrowing costs.

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